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Generation X similar to boomers in retirement ideas: survey

"Gen X and boomers may have some differences, but it appears the apple doesn't fall far from the tree in financial planning," said Debbie Ammeter, vice-president for advanced financial planning of Investors Group. "Gen Xers share remarkably similar dreams and hopes especially when it comes to their vision of retirement and how they are going to get there."

Similar to boomers, about four in 10 Gen Xers said they would maintain some kind of reduced work schedule in retirement.

A separate survey from Scotiabank, also released Tuesday, showed most Canadians plan on working in retirement. Most cited to need to stay mentally or socially active as the reasons, but almost 40 per cent cited financial necessity.

http://www.canada.com/life/Generatio...483/story.html